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It was renamed the Myanma Gems Enterprise in 1989, after the 8888 Uprising. [ 5 ] Following the 2015 Myanmar general election , which was won by National League for Democracy , the military-owned Myanma Economic Holdings Limited quickly secured 58% of MGE's jade and gemstone mining licence, becoming the country's largest licence holder.
The jade trade in Myanmar consists of the mining, distribution, and manufacture of jadeite—a variety of jade—in the nation of Myanmar (Burma). The jadeite deposits found in Myanmar's northern regions are the source of the highest quality jadeite in the world, noted by sources in China going as far back as the 10th century.
Myanma Economic Holdings Limited; Myanma Gems Enterprise; Myanma Oil and Gas Enterprise; Myanma Pharmaceutical Industry Enterprise; Myanma Posts and Telecommunications; Myanma Timber Enterprise; Myanmar Directorate of Defence Industries; Myanmar Economic Corporation; Myanmar International; Myanmar National Airlines; Myanmar Radio and Television
Myanmar is a country rich in jade and gems, oil, natural gas and other mineral resources. In 2013, its GDP (nominal) stood at US$56.7 billion and its GDP ( PPP ) at US$221.5 billion. [ 1 ] The income gap in Myanmar is among the widest in the world, as a large proportion of the economy is controlled by supporters of the former military government.
Myanmar, [d] officially the Republic of the Union of Myanmar [e] and also rendered as Burma (the official English form until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has a population of about 55 million. [ 18 ]
The Myanma Gems Enterprise instead blamed the collapse on "the instability of the earth." [ 5 ] Some of the families of the miners were compensated, with one family receiving approximately $30,000USD, more than the average compensation for the victims of other industrial accidents in Hpakant.
Thein Win Zaw was born on February 2, 1963, in Twante Township, Yangon Region, Myanmar. [4] He completed his high school studies in 1978–79, and later pursued higher education, earning a Bachelor of Science degree in chemistry in 1984.
The Ministry of Natural Resources and Environmental Conservation (Burmese: သယံဇာတနှင့်သဘာဝပတ်ဝန်းကျင်ထိန်းသိမ်းရေး ဝန်ကြီးဌာန; MONREC) is a Myanmar government ministry, founded by the merger of the Ministry of Mines and the Ministry of Environmental Conservation and Forestry by then-president Htin ...